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With the dollar plumbing fresh multi-year lows this week, the driver of the renewed fall remains multifaceted.
As if it wasn’t an already eventful enough week in the US, on Friday, President Trump announced Kevin Warsh as his pick to be the next Fed Chair.
However, Warsh has softened his stance on issues such as interest rate cuts and tariffs of late, perhaps positioning for a tilt at the top job.
Looking at the week ahead, the monetary policy spotlight will shift towards the ECB and the Bank of England.